Worried over Brexit uncertainty, dozens of fintech companies have applied for licences in Lithuania to secure access to the EU market, France 24 reports.
"We expect to receive around 100 applications from fintech companies this year," Marius Jurgilas, a member of the board at the central bank, told AFP.
The Lithuanian fintech cluster already includes over 110 licensed companies, second only to Britain in the European Union, while another 61 applications are under review, according to central bank figures.